{"id":376451,"date":"2016-07-20T16:59:51","date_gmt":"2016-07-20T20:59:51","guid":{"rendered":"https:\/\/goldtadise.com\/?p=376451"},"modified":"2016-07-21T08:02:09","modified_gmt":"2016-07-21T12:02:09","slug":"whats-decay","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=376451","title":{"rendered":"What&#8217;s decay ?"},"content":{"rendered":"<p>I&#8217;m getting questions regarding decay in the 3X PM trades. <\/p>\n<p>Here is a chart showing this phenomenon&#8230;Red and White Candles = GDXJ<br \/>\n Black and White = JDST<\/p>\n<p>I can&#8217;t completely explain why this happens but it has something to do with the fact that the 3X leveraged etfs reset every day . Take JDST for example&#8230;.it moves inverse 3X the price action of GDXJ. If GDXJ drops 5% one day<br \/>\nJDST goes up 15% that day. The rinse and repeat each day. Anyhow its complex BUT look at the chart last time GDXJ was at 44 July 1 JDST was $8. Today it is at 44 and JDST is at $7. This is 12% less even though GDXJ is the same price. This is an important concept to be aware of in trading these things .<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY-800x399.png\" alt=\"DECAY\" width=\"640\" height=\"319\" class=\"alignnone size-large wp-image-376452\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY-800x399.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY-150x75.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY-300x150.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/07\/DECAY.png 1240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m getting questions regarding decay in the 3X PM trades. Here is a chart showing this phenomenon&#8230;Red and White Candles = GDXJ Black and White = JDST I can&#8217;t completely explain why this happens but it has something to do &hellip; <a href=\"https:\/\/goldtadise.com\/?p=376451\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-376451","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/376451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=376451"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/376451\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=376451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=376451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=376451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}